Tenerife · Spain

How Much Does Tenerife Cost? 2026 Budget Guide | Prices & Tips

Tenerife offers a versatile cost landscape that caters to both budget-conscious backpackers and high-end resort seekers. While it is generally more affordable than mainland Spanish hubs like Madrid or Barcelona, the island's dual nature means expenses can vary significantly between the local north and the tourist-heavy south. Visitors can expect to spend anywhere from $88 / €75 per day for a solo budget trip to over $683 / €580 for a luxury experience featuring premium boat tours and 5-star colonial stays. The unique tax status of the Canary Islands helps keep prices for alcohol and fuel lower than in most of Europe, though recent environmental measures, such as a $18 / €15 eco-tax for Teide National Park, have added new considerations for hikers. Overall, Tenerife remains a moderate destination where savvy planning allows for a high-quality island experience without the price tag of the Balearics.

Is Tenerife expensive to visit?

Tenerife is a moderately priced island destination where travelers should expect a daily budget range of $88–$683 / €75–€580 depending on whether they choose local guachinches or luxury beachfront resorts.

Currency: Euro (EUR) (1 € ≈ 1.18 $)
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Daily Budget

How much to budget per person per day in Tenerife

Budget

$88

per person /day

Mid-Range

$247

per person /day

Luxury

$683

per person /day

Trip Costs by Duration

Total estimated costs per person, excluding flights

Trip Costs by Duration Budget Mid-Range Luxury
3-Day Trip $265 $742 $2,048
5-Day Trip $441 $1,236 $3,413
7-Day Trip $618 $1,730 $4,779

per person — Excludes international flights

Budget Buffer

Recommended contingency for unexpected expenses

It is advisable to maintain a 15% buffer to cover variable costs such as the $18 / €15 Teide eco-tax and sunbed rentals on southern beaches. Small extras like the $1.18 / €1 terrace service charge or the $2.35 / €2 physical bus card fee can also add up over a week-long stay.

How Does It Compare?

See how Tenerife stacks up against other popular destinations

Ibiza Tenerife is significantly more affordable; while a luxury day in Tenerife costs around $683 / €580, a similar high-end experience in Ibiza often exceeds $1,000 / €850 due to higher club entry fees and transport costs.
Mallorca Daily costs are roughly 15–20% lower in Tenerife, particularly regarding dining and alcohol, as the Canary Islands benefit from a lower 7% IGIC tax compared to the 10–21% VAT on the mainland and Balearics.

What Things Cost

Real prices for common tourist expenses in Tenerife

Food & Drink (4)
Item Price
Meal at an Inexpensive Restaurant Standard price for a single course and a drink at a local cafe. $18 €15
Local Beer (Pint of Dorada) Can be as low as $1.77 / €1.5 during happy hours in non-tourist areas. $2.94 €2.5
Cappuccino Ordering a 'Cortado' like a local usually costs ~$1.41 / €1.2. $2 €1.7
Supermarket Essentials (Bread/Milk/Eggs) Combined cost of basic breakfast staples at a local market. $6.51 €5.53
Transport (6)
Item Price
TITSA Day Travelcard Card itself costs an additional $2.35 / €2. Valid for individual use. $12 €10
TITSA 7-Day Travelcard Unlimited trips; requires a $2.35 / €2 physical card purchase. $59 €50
TITSA 'ten+' Card Purchase Fee This is the one-time fee for the physical rechargeable card. $2.35 €2
TITSA Single Ticket (Minimum) $1.47 / €1.25 is the standard minimum urban fare; longer routes cost more. $1.47 €1.25
Airport Transfer (TFS to Costa Adeje) by Taxi Surcharge applies for nights (22:00–06:00) and public holidays (~$5.89 / €5). $41 €35
Car Rental (Daily Economy) Local companies like CICAR or Autoreisen offer best value with no hidden fees. $35 €30
Accommodation (3)
Item Price
Iberostar Heritage Grand Mencey (5-star) Premium colonial-style hotel in Santa Cruz. Price converts to ~$198 / €168. $168 €143
Hotel Emblemático Hi Suites Boutique accommodation in the city center. Price converts to ~$165 / €140. $140 €119
Hostel Dorm Bed Cheaper in Santa Cruz/La Laguna (~$26 / €22); more expensive in south resorts. $33 €28
Activities (7)
Item Price
Whale & Dolphin Watching Eco-Tour Highest standard adult rate for a high-end eco-tour. $71 €60
Teide National Park Protected Area Access New eco-tax effective from 2026 for non-residents. Residents are exempt. $18 €15
Loro Parque Entrance Standard adult entry for non-residents. Twin tickets with Siam Park save ~$12 / €10. $49 €42
Siam Park Entrance One-day adult ticket. Consider the $87 / €74 Twin Ticket if visiting both parks. $49 €42
Cueva del Viento Guided Tour Includes guide and safety equipment. Advance booking is mandatory. $24 €20
Barranco del Infierno Hiking Fee Capacity is limited to 300 people per day; pre-booking required. $13 €11
Mount Teide Cable Car (Return) Price for a return journey for non-residents. One-way is ~$26 / €22. $48 €41

Food & Dining

What to eat and what it costs

Dining ranges from inexpensive local cafe meals at $18 / €15 to high-end Michelin-starred experiences in Costa Adeje. To keep costs low, travelers can utilize local supermarkets where breakfast essentials cost roughly $6.51 / €5.53, or enjoy a pint of local Dorada beer for approximately $2.94 / €2.5. A 7% IGIC (Canary Island Tax) is standard, though many cafes may also add a terrace service charge of up to $1.18 / €1 for outdoor seating.

Cheap Eats

Where locals eat — real places, real prices

Guachinche El Primero

$9.42–$18 / €8–€15

Tacoronte · Local chain

Try the 'Carne Fiesta' for ~$11 / €9; it's a local pork specialty.

Arepera La Carajita

$4.71–$11 / €4–€9

Santa Cruz · Street food area

The 'Pabellón' arepa is a filling meal for under ~$7.06 / €6.

Bar Parada

$5.89–$14 / €5–€12

La Laguna · Local chain

Legendary for their 'Bocadillo de Pollo' which is about ~$5.89 / €5.

Cafetería El Águila

$3.53–$9.42 / €3–€8

Puerto de la Cruz · Bakery

Best spot for a quick breakfast of 'Tostada' and juice for ~$6.47 / €5.5.

Pizzería Da Canio

$11–$19 / €9–€16

Costa Adeje · Local chain

Massive portions that are easy to share, saving ~$9.42 / €8 per person.

Picturesque coastal town of Garachico with historic buildings and ocean views, Tenerife, Canary Islands, Spain

Getting Around

Transport costs and the smartest ways to move

Navigating the island is most cost-effective via the TITSA bus network, which offers a 7-day unlimited travelcard for $59 / €50 plus a $2.35 / €2 card fee. For maximum flexibility, car rentals are a popular choice at roughly $35 / €30 per day through local providers like CICAR. Taxis provide a convenient but more expensive alternative, with a standard transfer from Tenerife South Airport (TFS) to Costa Adeje costing approximately $41 / €35.

TITSA Day Travelcard $12 €10
TITSA 7-Day Travelcard $59 €50
TITSA 'ten+' Card Purchase Fee $2.35 €2
TITSA Single Ticket (Minimum) $1.47 €1.25
Airport Transfer (TFS to Costa Adeje) by Taxi $41 €35
Car Rental (Daily Economy) $35 €30

Accommodation Overview

The island's lodging varies from social hostel dorms for $33 / €28 to boutique city center suites like Hotel Emblemático Hi Suites for $165 / €140. For those seeking luxury, historic properties such as the Iberostar Heritage Grand Mencey offer premium stays for approximately $198 / €168. The best value is often found in the north of the island or by booking in May when rates typically drop by $12–$18 / €10–€15.

Iberostar Heritage Grand Mencey (5-star) $168 €143
Hotel Emblemático Hi Suites $140 €119
Hostel Dorm Bed $33 €28

Accommodation Budget in Tenerife

Budget

$46 /night
Typical Range: $41 – $53

Hostels, budget hotels, shared facilities

Most Popular

Mid-Range

$108 /night
Typical Range: $94 – $124

3-star hotels, boutique stays, great locations

Luxury

$220 /night
Typical Range: $188 – $253

5-star hotels, suites, premium amenities

💡 Prices vary by season. Book 2-3 months ahead for best rates.

Where to Stay

See hotels, apartments & rentals around Tenerife – live prices from Booking.com, Expedia, Vrbo and more

Money-Saving Tips

Insider tricks to stretch your budget further

  • 1 Purchase a Twin Ticket for $87 / €74 to visit both Loro Parque and Siam Park, saving roughly $12 / €10 compared to buying individual $49 / €42 tickets.
  • 2 Eat at a traditional 'Guachinche' such as Guachinche El Primero in Tacoronte for authentic, low-cost Canarian food and local wine.
  • 3 Order a 'Cortado' or 'Barraquito' at local cafes like Bar Parada for approximately $1.41 / €1.2 instead of a standard $2 / €1.7 cappuccino.
  • 4 Use the TITSA 'ten+' rechargeable card to lower individual bus fares from the $1.47 / €1.25 minimum to discounted rates on longer routes.
  • 5 Rent a car from local companies like CICAR or Autoreisen for $35 / €30 per day to avoid the high insurance surcharges of international chains.
  • 6 Visit popular beaches like Playa de las Teresitas during the week to avoid the weekend premium on local food and sunbed rentals.
  • 7 Book a guided tour of Cueva del Viento for $24 / €20 well in advance, as last-minute private alternatives are significantly more expensive.
  • 8 Shop at supermarkets like Mercadona or HiperDino for essentials to keep the daily grocery spend around $6.51 / €5.53.
  • 9 Look for 'Menú del Día' lunch specials at spots like Arepera La Carajita for a multi-course meal at a fixed low price.
  • 10 Hike the Barranco del Infierno for $13 / €11 by pre-booking online to avoid being turned away by the 300-person daily limit.

Hidden Costs

Surprise expenses that catch tourists off guard

Hidden Costs
Item Amount
Teide Eco-Tax Applies to non-residents entering high-demand protected trails like the Teide peak. $18 / €15 per person
IGIC (Canary Island Tax) Standard sales tax is 7%; usually included in price but check car rentals. No amount but a percentage. 7%
Terrace Service Charge Many cafes charge a small premium (~$0.59–$1.18 / €0.5–€1) for sitting on the terrace vs. at the bar. $1.18 / €1 per person
Beach Umbrella & Sunbed Rental Typical cost for two beds and one umbrella on public beaches in the south. $14 / €12/day

Common Scams & Ripoffs

Watch out for these tourist traps

  • The 'Lucky Rosemary' scam in Santa Cruz de Tenerife, where women offer a sprig of herbs for 'luck' and then aggressively demand payment.
  • Overpriced electronics shops in Playa de las Américas that lure tourists with low prices on cameras or tablets only to swap them for inferior models during packaging.
  • Timeshare 'scratch card' touts near south resorts who claim you have won a prize but require a multi-hour sales presentation to claim it.
  • Unlicensed 'pirate' taxis at Tenerife South Airport that may quote rates significantly higher than the standard $41 / €35 fare to Costa Adeje.
  • Street performers or 'statue' artists who demand high fees if they catch a tourist taking a photo of them without prior agreement.

Seasonal Pricing

When prices rise and fall throughout the year

Peak Season

Dec, Jan, Feb, Jul, Aug

+25-40%

Cheapest

May, Jun, Sep

-20-30%

Best Value

May, Oct

Tenerife is a year-round destination, but winter attracts northern Europeans. May offers $12–$18 / €10–€15 cheaper hotel rates and perfect ~24°C (75°F) weather.

Events to Watch

  • Carnival (Feb): +50% hotels in Santa Cruz
  • Easter (Semana Santa): Peak flight and hotel rates
Dramatic Masca Canyon with steep cliffs and mountain landscape on Tenerife, Canary Islands, Spain

Free Things to Do

The best experiences that cost absolutely nothing

  • 1 Sunbathing at Playa de Las Teresitas, a golden sand beach just north of Santa Cruz.
  • 2 Walking through the UNESCO World Heritage streets of San Cristóbal de La Laguna.
  • 3 Exploring the lush trails of the Anaga Rural Park (hikes like Sendero de los Sentidos are free).
  • 4 Swimming in the natural volcanic rock pools of El Caletón in Garachico.
  • 5 Visiting the Basilica of Candelaria, the patron saint of the Canary Islands.
  • 6 Strolling through the sculptures and botanical gardens of Parque García Sanabria in Santa Cruz.
  • 7 Taking in the views of the 600-meter cliffs at the Los Gigantes viewpoint.
  • 8 Watching the sunset from the volcanic sands of Playa de la Arena in Puerto de la Cruz.
  • 9 Viewing the ancient Drago Milenario tree from the public square in Icod de los Vinos.
  • 10 Hiking the forest trails of the Orotava Valley for views of Mount Teide.
  • 11 Exploring the street art and murals in the neighborhood of Puerto de la Cruz.
  • 12 Stargazing independently from various viewpoints within Teide National Park (away from the $48 / €41 cable car area).

Worth the Splurge

Premium experiences that justify the price tag

Michelin Star Dinner at M.B (Ritz-Carlton)

One of the best dining experiences in Spain. Tasting menus start around $230 / €195.

$230 €195

Private Star-Gazing Tour on Mount Teide

Tenerife is a 'Starlight Destination'. Includes professional telescopes and dinner at ~$141 / €120.

$141 €120

Paragliding over Costa Adeje

Unbeatable views of the volcanic landscape and coastline for ~$112 / €95.

$112 €95

Popular Activities

Top-rated tours and experiences in Tenerife

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Day Trip Costs

Popular day trips from Tenerife and what they cost

La Gomera Island

Getting Around

$99 / €84 by boat

Entry

Free

Total Cost

$165 / €140

Masca Village & Ravine Hike

Getting Around

$18 / €15 by bus + boat

Entry

Free

Total Cost

$53 / €45

Payment & Money

How to pay and what to know about money

Currency

Euro (EUR)

1 € ≈ 1.18 $

Cash Needed

No

Card Acceptance

Everywhere including street food stalls and taxis.

Tipping

Tipping is not mandatory but 5-10% is appreciated in restaurants. Rounding up the nearest ~$1.18–$2.35 / €1–€2 is common in cafes.

ATM Tips

Avoid 'Euronet' ATMs due to high conversion fees. Use 'CaixaBank' or 'BBVA' for lower fees, typically ~$0–$2.35 / €0–€2 per withdrawal.

Connectivity

eSIM: $9.42–$14 for 10GB (opens in new tab)

Local SIM: $18 / €15 at the airport for 40GB (Vodafone/Movistar)

WiFi: Excellent in cafes, hotels, and public plazas in major towns.

Airalo or Holafly eSIMs offer the best value for coverage across the island.

Scenic road leading to Mount Teide volcano at golden sunset, Tenerife, Canary Islands, Spain

Why you can trust this guide

Headshot of Jan Křenek, founder of GoTripzi
Jan Křenek

35+ countries • 8 years analyzing travel data

Independent developer and travel data analyst based in Prague. 35+ countries visited across Europe and Asia, 8+ years analyzing flight routes, accommodation prices, and seasonal weather patterns.

Methodology:
  • All neighborhoods verified by walking them
  • Curated locations based on walkability & safety
  • Real-time availability via live partner maps
  • Prices based on Booking.com & Numbeo averages

Methodology: This guide combines on-the-ground neighborhood research, current hotel pricing data, and real traveler feedback to provide honest, actionable accommodation recommendations for Tenerife.

Updated: February 16, 2026

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Frequently Asked Questions

Is Tenerife expensive to visit?
Tenerife is a moderately priced island destination where travelers should expect a daily budget range of $88–$683 / €75–€580 depending on whether they choose local guachinches or luxury beachfront resorts.
How much does Tenerife cost per day?
A trip to Tenerife costs $88 / €75 per day on a budget, $247 / €210 for mid-range, and $683 / €580 for luxury. These include accommodation, food, transport, and activities per person.
How much does a trip to Tenerife cost?
A 7-day trip to Tenerife costs approximately $618 / €525 (budget), $1,730 / €1,470 (mid-range), or $4,779 / €4,060 (luxury) per person, excluding flights.
What is the cheapest month to visit Tenerife?
The cheapest months to visit Tenerife are May, June, September, with prices -20-30% lower than peak season. Tenerife is a year-round destination, but winter attracts northern Europeans. May offers $12–$18 / €10–€15 cheaper hotel rates and perfect ~24°C weather.
What are the hidden costs in Tenerife?
Common hidden costs in Tenerife include Teide Eco-Tax ($18 / €15/person), IGIC (Canary Island Tax), Terrace Service Charge ($1.18 / €1/person). It is advisable to maintain a 15% buffer to cover variable costs such as the $18 / €15 Teide eco-tax and sunbed rentals on southern beaches. Small extras like the $1.18 / €1 terrace service charge or the $2.35 / €2 physical bus card fee can also add up over a week-long stay.
How can I save money in Tenerife?
Top tips for saving money in Tenerife: Purchase a Twin Ticket for $87 / €74 to visit both Loro Parque and Siam Park, saving roughly $12 / €10 compared to buying individual $49 / €42 tickets. Eat at a traditional 'Guachinche' such as Guachinche El Primero in Tacoronte for authentic, low-cost Canarian food and local wine. Order a 'Cortado' or 'Barraquito' at local cafes like Bar Parada for approximately $1.41 / €1.2 instead of a standard $2 / €1.7 cappuccino.